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Rabat – The Moroccan Capital Market Authority (AMMC) and the French Financial Markets Authority (AMF) signed a groundbreaking cooperation and mutual assistance agreement on Tuesday in Rabat.
The accord, formalized by AMMC Chairwoman Nezha Hayat and AMF Chairwoman Marie-Anne Barbat-Layani, aims to deepen collaboration in capital markets, fostering shared approaches to financial stability, innovation, and sustainable growth.
The signing took place during the Morocco-France Entrepreneurial Forum, an event aligned with French President Emmanuel Macron’s state visit to Morocco.
The agreement highlights both nations’ commitment to advancing financial markets, particularly as they confront new challenges in economic financing, energy, and digital transitions.
“Today’s agreement consolidates the long-standing cooperation between our two institutions,” remarked Hayat. “Our goal is to synchronize regulatory frameworks to navigate global transformations in sustainability and technology, ultimately supporting economic growth.”
Barbat-Layani emphasized that this partnership “strengthens our understanding of each other’s regulatory landscapes, advancing shared objectives in innovative, integrity-focused finance.”
With France as Morocco’s top trading partner and the largest foreign investor, both countries share a robust economic relationship spanning trade, tourism, and foreign investment.
French companies, numbering nearly 1,000, contribute over 150,000 jobs in Morocco, a testament to the strength of bilateral ties.
Trade between the two nations reached €14.1 billion in 2023, driven by Morocco’s flourishing automotive exports and French contributions in agricultural and transport equipment.
This new agreement between the AMMC and AMF underlines the growing role of sustainable finance and the need for regulatory agility in a digital era.
Through collaborative efforts, the two authorities plan to exchange best practices, enhance investor protection, and address emerging financial products in online platforms and social media.
The partnership aligns with Morocco’s evolving role as a key African investor in France, with Moroccan companies increasingly targeting sectors like digital transformation and decarbonization.
